Leading iPaas Startup Receives SoftBank-Led Investment to Help US and Latin American-Based Companies Achieve Their Tomorrow Today

Weston, FLA, February 03, 2022 - Today, Digibee, the leading low-code integration platform, announced its $25 million Series A round led by SoftBank Latin America Fund with additional participation from Kinea and G2D Investments. With this investment, Digibee plans to grow its customer base in the United States and Latin America to empower more global enterprises to win the digital race.

Since its inception in 2017, Digibee’s low-code approach has dramatically reduced the complexity of integration environments and enabled companies to digitally transform their legacy systems 10x faster than other systems. Digibee is the preferred iPaaS solution for over 250 enterprise customers, including Accenture, B3, Carrefour and others.

Digibee manages IT complexity in an agile, simple and efficient way, enabling its customers to adopt a future-proof architecture and unlock innovation, without a single line of code and without investing in new systems. Digibee was developed by innovators from the world’s leading technology companies to change the way companies connect their systems.

“We are thrilled to see that the investment community believes in our mission to make our clients and our clients’ clients unstoppable,” said Rodrigo Bernardinelli, co-founder and CEO of Digibee. “We are helping global companies on their digital journey, so they can grow and scale without costly upfront costs, while empowering their talent to focus on driving their businesses forward. We look forward to reaching the world’s most innovative companies in the U.S. and globally.”

“We are very excited about Digibee’s investment. The company addresses a cost line – integrations – that represents more than 50% of software spend, enabling organizations to connect their systems to make digital transformation a reality,” said Rodrigo Baer, ​​managing partner of early-stage investments at SoftBank Latin America Fund. “The company is building a world-class sales force to bring this solution to market, which will transform its product into a truly global player.”

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About Digibee

Digibee helps organizations modernize their legacy architectures by enabling frictionless connectivity between applications, unlocking digital experiences at scale.

The cloud means workflows, not better file sharing. Digibee’s innovative and flexible modern integration platform as a service (iPaaS) can dramatically streamline IT projects, reducing costs and technical debt while connecting applications, processes and people for faster time to market without a large investment. Digibee has offices in the U.S. and Brazil.

About SuaveBank group

The SoftBank Group invests in innovative technology to improve the quality of life for people around the world. The SoftBank Group consists of SoftBank Group Corp. (TOKYO: 9984), an investment holding company that includes interests in telecommunications, internet services, AI, intelligent robotics, IoT, and clean energy technology providers; the SoftBank Vision Funds, which are investing more than $135 billion to help extraordinary entrepreneurs transform industries and shape new ones; the $5 billion SoftBank Latin America Fund, the largest venture fund in the region; the recently launched $3 billion SoftBank Latin America Fund II; and the SB Opportunity Fund, a $100 million fund dedicated to investing in Black-founded companies in the United States. To learn more, visit https://group.softbank/en.

About Kinea Ventures – Itaú Corporate Venture Capital

Itaú's Corporate Venture Capital Fund was created with the goal of generating value for the Bank through minority investments in startups in the financial services and technology sectors. The fund is one of the ways Itaú has found to stay close to the innovation ecosystem of startups that operate in strategic segments for the Bank, which is vital in a highly disruptive environment. The investments are made by Kinea Empreendimentos, managed by Kinea, with the goal of enabling the Bank's Corporate VC initiative and positioning it at the forefront of the main innovations and solutions in the financial market. Itaú's CVC Fund acts as a partner to companies, preserving their independence and helping to leverage and accelerate their growth.

About Kinea

One of the leading asset managers in Brazil, Kinea was founded in 2007 with the help of Itaú Unibanco. With 145 employees and over R$55 billion under management, the asset manager specializes in investments in hedge funds, real estate, pensions, private equity and infrastructure. The Venture Capital fund is the result of a new partnership between Kinea and Itaú Unibanco, with the goal of staying connected to the main innovations and solutions in the financial market. To learn more, visit: www.kinea.com.br

About G2D Investments

G2D Investments (G2DI33) is the first global Venture Capital firm listed on the Latin American stock exchange. G2D invests in outstanding entrepreneurial teams that lead companies with the potential to become leaders in their sectors. More information at https://ri.g2d-investments.com.

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